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Fair Processing Notice

Who we are:

We take your privacy seriously and will only use your personal information to

A) Discuss loan offers and provide you with the products and services you have requested.
B) If you take out a loan with us and become our customer, it will also be used to manage your loan.

We'll keep your details for up to 12 months to enable us to help you with your loan application. If you don't take out a loan with us, we will delete your enquiry details unless regulations say we must keep them for longer.

This won't change any marketing preferences you've already chosen.

How we control and process your data:

Our companies hold and process your personal data in accordance with Data Protection law in the UK. We are committed to maintaining the privacy and protection of all personal data collected in connection with our broker and loan services. We may share your information with credit reference agencies and other companies for use in credit decisions, for fraud prevention and for debt collection purposes.

£1,000 loan application

Taking out a £1,000 loan with Progressive Money

We all find ourselves in need of a little financial help at times. Whether that’s because the car has broken down or the boiler has packed in and needs repairing quickly, you can’t always plan for life’s expenses. In situations like this, a 1,000 pound loan can really help ease the pressure – and that’s where we come in.

At Progressive Money, we understand that a financial helping hand can make a world of difference when funds are limited. What’s more, if you decide a loan for £1,000 is right for you, we listen to you and try to be as flexible as possible when it comes to your application. We won’t secure your loan against your home (or any other valuable asset), so while you do need to be a homeowner to borrow, you don’t need to worry that your property may be at risk.

We may even be able to help you if you have a less than perfect credit history. You can apply for a £1,000 loan with bad credit and no guarantor and we’ll take into consideration many other aspects. We look at factors including your current financial situation, so your credit history isn’t the be all and end all.

Why take out a £1,000 loan?

There are many reasons why you might find yourself in need of cash and considering taking out a £1,000 loan from a direct lender. We find that many of our customers have been dealt unexpected home repair emergencies – perhaps the heating has broken down or the roof is leaking after a bout of severe weather – and they need cash to cover the cost. But there are also other uses for a 1,000 pound loan. For those times in your life when unexpected emergencies happen, having the peace of mind that you have the money to deal with them can be a big reassurance.

Some people find themselves having to travel unexpectedly or, in sad circumstances, having to cover the cost of a funeral. Taking out a loan may be the only way to meet these costs, especially when you don’t have the time to save for such unforeseen expenses.

Taking out a loan with Progressive Money may be an option if you’ve previously been turned down for credit by other direct lenders or your bank. We may be able to accept your application for a 1,000 pound loan with bad credit so it’s worth getting in touch and finding out how we can help.

What a £1,000 loan means for you

Of course, taking out a loan isn’t for everyone – it’s a decision that should be carefully considered, with all the pros and cons weighed up.

A £1,000 loan quickly paid into your account may help you out of a tight spot when needed, but you’ll then need to pay it back, plus interest. We’ll work with you to arrange a payment plan that is manageable and realistically affordable for you. We’ll also ensure complete transparency, so you can easily plan and prepare your finances every month.

Taking out a loan with us may also help improve your credit score, as you’ll be able to prove yourself a reliable borrower and show that you can meet your payments each month.

Do I qualify for a £1,000 loan?

We’re committed to being as flexible as possible when it comes to loan applications. This means that even if you’ve been unsuccessful with another lender, it may not be the case with us. When considering your application, we’ll take into account a range of factors and pay attention to more than just your credit score.

If you’re considering taking out a 1,000 pound loan with us, we ask that you are:

Aged 18-70

Employed or self-employed

A homeowner

Live in England, Scotland or Wales

Able to afford monthly repayments comfortably from your regular income

If you meet this criteria, then why wait? Start your application now. Alternatively, you can call our team of friendly advisors to discuss and concerns or queries you may have. They’ll only ever be a phone call away – from your initial application right through to your final payment.

We specialise in loans for people who may have been declined credit in the past.

We treat every customer as an individual and look at their unique circumstances, not just their credit score.

We are an award-winning lender and appeared in the FastTrack 100 in 2016 and 2017.

What our customers say...

4-5/5of customers are happy with our service

"Fantastic, quick service and excellent customer service. Would recommend totally."29/01/2019

"Very helpful on the phone, didn't get passed through to all different departments."25/01/2019

Representative Loan Example: Loan Amount: £3,450, Loan Term: 36 months, Monthly Interest Rate: 34.49% PA (Fixed), Monthly Repayments: £177.65, Total Amount Repayable: £6,396, This example includes an Acceptance Fee of £345 (10% of the loan amount) and an Administration Fee of £390.*The maximum APR is representative of plan 4c based on a term on 18 months and a loan amount of £3,450.

If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

How our customers rate us

Progressive Money pride ourselves on excellent customer service and for helping people who may have been refused credit elsewhere.
Progressive Money96 out of 100, based on 59 ratings.59 user reviews.
Read our Feefo Reviews

Members of the CCTA

The Consumer Credit Trade Association (CCTA) requires all members to sign up to an ethical code of practice. The CCTA works closely with industry regulators and shares their vision for a balanced, transparent, and thriving finance industry. For more information go to: www.ccta.co.uk.

Contact by Email

Progressive Money Limited is a direct lender and licensed credit broker. If your application for a loan doesn’t meet the underwriting requirements of Progressive Money Limited or you wish to consider other lending options, we may with your permission, pass your information onto other selected third party lenders or brokers, including other group companies. Authorised and regulated by the Financial Conduct Authority. Firm Reference No. 690699. Registered with the Information Commissioners Office No. Z3414982.